GoPro, Inc. (GPRO) Rating Reiterated by Oppenheimer Holdings, Inc

The most recent non open market insider trade was completed by MCGEE BRIAN on 08/15/2017, and was a disposition of 3,132 shares with a final price of $9.88. (NASDAQ:GPRO) in a research report released on Saturday, August 26th.

Additionally on 8/15/17 Goldman Sachs "Upgrades" Gopro Inc Cl A Cmn (NASDAQ:GPRO) to Neutral setting price target at $0 and on 8/04/17 Raymond James "Upgrades" the stock to Market Perform at $0. (NYSE:FIT). At the time of writing, the First Call consensus price target for the company is $6.71. Schwab Charles Investment Management Inc. now owns 455,706 shares of the company's stock valued at $3,965,000 after purchasing an additional 23,697 shares in the last quarter.

The average Wall Street analyst rating for GoPro, Inc.is Hold, according to the average of 11 analyst scores. Vetr downgraded GoPro from a "hold" rating to a "strong sell" rating and set a $8.02 target price for the company.in a research report on Monday, August 7th. Seven equities research analysts have rated the stock with a sell rating, sixteen have assigned a hold rating and two have given a buy rating to the stock. Wedbush reaffirmed a "hold" rating and set a $9.00 target price on shares of GoPro in a research report on Thursday, June 1st. The company had a trading volume of 8,559,349 shares.

Gopro Inc Cl A Cmn (NASDAQ:GPRO)'s trailing twelve month revenues are $1.3 Billion, whereas its price to sales ratio for the same period is 1.19. GoPro has a 12 month low of $7.14 and a 12 month high of $17.68. The company reported ($0.14) earnings per share (EPS) for the quarter, beating the Zacks' consensus estimate of ($0.34) by $0.20. GoPro had a negative net margin of 27.88% and a negative return on equity of 41.52%. The company had revenue of $296.52 million during the quarter, compared to analysts' expectations of $268.94 million. However the company reported $-0.6 earnings per share for the same quarter during previous year. The firm's revenue for the quarter was up 34.3% on a year-over-year basis.

Insider Trading Activity for GoPro, Inc. If you are accessing this piece on another website, it was illegally copied and reposted in violation of global trademark & copyright legislation. The original version of this news story can be read at https://stocknewstimes.com/2017/09/13/gopro-inc-gpro-rating-reiterated-by-oppenheimer-holdings-inc.html. Also, Director Anthony John Bates sold 25,529 shares of the business's stock in a transaction dated Thursday, September 7th. Following the sale, the director now directly owns 116,482 shares in the company, valued at $1,184,621.94. The sale was disclosed in a filing with the Securities & Exchange Commission, which can be accessed through this link. The shares were sold at an average price of $11.00, for a total value of $274,098.00. Following the sale, the chief operating officer now directly owns 148,493 shares in the company, valued at $1,633,423. The disclosure for this sale can be found here. Swiss National Bank now owns 145,600 shares of the company's stock valued at $1,267,000 after purchasing an additional 5,500 shares during the last quarter. Hedge funds and other institutional investors own 24.40% of the company's stock.

GPRO has been the topic of several recent research reports.

In terms of Buy, Sell or Hold recommendations, Gopro Inc Cl A Cmn (NASDAQ:GPRO) has analysts' mean recommendation of 3.3. Nomura Holdings Inc. now owns 13,769 shares of the company's stock valued at $112,000 after buying an additional 704 shares during the period. Its book value per share for the most recent quarter is $2.3 while its price to book ratio for the same period is 4.75, as for as the company's cash per share for the most recent quarter is $1.06, however its price to cash per share ratio for the same period is 10.28.

The top 5 institutional holders, in ascending order, are as follows: VANGUARD GROUP INC with 7.09 million shares, BLACKROCK INC. with 6.24 million shares, CITADEL ADVISORS LLC with 1.93 million shares, STATE STREET CORP with 1.91 million shares, and SUSQUEHANNA INTERNATIONAL GROUP, LLP with 1.6 million shares.